Consolidated Unrestricted Cash definition
Consolidated Unrestricted Cash means all cash and Cash Equivalents of Holdings and its Subsidiaries which is not listed as “restricted” on the Consolidated balance sheet of Holdings and its Subsidiaries (unless such listing is related to the Liens created under the Loan Documents in favor of the Secured Parties).
Consolidated Unrestricted Cash means, as of any date of determination, for the MLP and its Subsidiaries on a consolidated basis, the aggregate amount of unrestricted cash-on-hand in excess of $5,000,000 that is maintained by the Loan Parties in accounts subject to control agreements in favor of the Administrative Agent.
Consolidated Unrestricted Cash means, at any particular time, all of the Obligors’ Cash which (i) is not listed on the unconsolidated balance sheet of the applicable Obligor as restricted cash (or other designation of similar effect), (ii) is on deposit with a Lender and (iii) constitutes a Secured Asset.
Examples of Consolidated Unrestricted Cash in a sentence
In addition, to the extent that there is any availability under the Debt Cap, then such amount shall be included in Proportionally Consolidated Unrestricted Cash as if the Company had such amount in cash.
Continental shall maintain a Consolidated Unrestricted Cash Balance as of the Close of Business on the last Business Day of each calendar month of at least $1,000,000,000.
If as of the Close of Business on any day, the Consolidated Unrestricted Cash Balance is less than $1,125,000,000 (an "Unrestricted Cash Balance Trigger Event"), within five (5) Business Days after such day either or both of the Borrowers shall prepay Loans in an aggregate principal amount equal to the Early Amortization Amount (or, if less, the outstanding principal amount of the Loans), together with accrued interest thereon, Break Funding Costs, if any, but without other premium or penalty.
Maintain in deposit accounts with the Bank or any Affiliate of the Bank, Consolidated Unrestricted Cash in an amount less than the sum of $15,000,000.
Maintain in deposit accounts with the Administrative Agent or any Affiliate of the Administrative Agent, Consolidated Unrestricted Cash in an amount less than the sum of $10,000,000.
More Definitions of Consolidated Unrestricted Cash
Consolidated Unrestricted Cash means all cash and cash equivalents of the Financial Parties, maintained in an account held with the Administrative Agent or any Affiliate of the Administrative Agent which is not subject to any restriction on usage or subject to any Lien other than a Lien in favor of the Administrative Agent or such Affiliate.
Consolidated Unrestricted Cash means, as of any date of determination, cash or cash equivalents shown on the consolidated balance sheet of the Borrower and its Subsidiaries determined in accordance with GAAP, but excluding any cash and cash equivalents that are not owned by a Loan Party free and clear of Liens other than Liens in favor of the Administrative Agent.
Consolidated Unrestricted Cash means, as of any date of determination, the unrestricted cash of the Consolidated Group, determined in accordance with GAAP.
Consolidated Unrestricted Cash means the aggregate Unrestricted Cash for Borrower and its Subsidiaries on a consolidated basis.
Consolidated Unrestricted Cash means all cash and Cash Equivalents of Parent and its Restricted Subsidiaries that (i) does not appear as “restricted” on the consolidated balance sheet of Parent (unless such appearance is related to the Liens created under the Credit Documents, any documents evidencing or relating to any Incremental Facility or Incremental Equivalent Debt, any documents evidencing or relating to any Extended Revolving Loans or any Extended Term Loans or any documents evidencing or relating to any Permitted Refinancing Loans) and (ii) is not subject to any Lien in favor of any Person other than (a) the Collateral Agent for the benefit of the Secured Parties, (b) Liens in favor of any collateral agent or other secured parties created under any documents evidencing or relating to any Incremental Facility, Incremental Equivalent Debt, Extended Revolving Loans, Extended Term Loans or any Permitted Refinancing Loans or (c) Permitted Encumbrances; it being agreed that cash or Cash Equivalents (a) placed on deposit with a trustee to discharge or defease Indebtedness or (b) to the extent proceeds of Indebtedness incurred to finance an acquisition and held in escrow pending the consummation of such acquisition to consummate such acquisition or prepay such Indebtedness shall be considered unrestricted to the extent the related Indebtedness is included in Consolidated Total Debt.
Consolidated Unrestricted Cash at any time of determination means (a) the ------------------------------ aggregate amount of cash and cash equivalents of the Borrower and its Subsidiaries at such time minus (b) any such amounts which are held in trust or ----- in any fiduciary capacity in whole or in part for the benefit of Persons other than the Borrower and its Subsidiaries or which are on deposit or otherwise acting as a reserve, cash collateral or other form of credit or other enhancement in respect of loans or other Property (or any interest therein) transferred by the Borrower or any of its Subsidiaries to Persons other than the Borrower and its Subsidiaries (such amount described in this clause (b) is ---------- referred to herein as "Consolidated Restricted Cash"), all as calculated in ---------------------------- accordance with GAAP in the same manner as the line item "cash and cash equivalents" in the consolidated statements of financial condition of the Borrower and its Subsidiaries referred to in Section 5.4, excluding the portion ----------- of such amount referred to as "restricted".
Consolidated Unrestricted Cash as of any date means the sum of (i) the unrestricted cash and cash equivalents reportable on a consolidated balance sheet of the Company and the Subsidiaries prepared as of such date in accordance with GAAP and the Company's accounting policies plus (ii) the aggregate exercise price for (A) all vested and exercisable Options designated as Time Options in the applicable Option Agreement and (B) all vested and exercisable options under the MedCath Holdings, Inc. Outside Directors' Stock Option Plan as of said date.